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The business climate in Bulgaria is at a very good level. This was commented in Ruse by the deputy chairman of the Confederation of Employers and Industrialists in Bulgaria / CEIBG / Prof. Nikolay Valkanov.
According to him, there are many stable laws, a good banking system and many working European funds, BTA reports.
"Only this year about BGN 2 billion from the European funds went to the Bulgarian business in three directions - energy efficiency, competitiveness and innovation," said Valkanov.
He also commented that it is good for businesses to take care of workers and provide them with good pay.
In his words, a shortage of staff is where there is no pay - for example, in the sectors of tourism and construction. According to Valkanov, where there is a good pay, where workers are respected.
A ceremony took place in the Danube town, where the CEIBG, together with the mayors of municipalities in the district, awarded "Socially Responsible Company - Partner of the Municipality for 2018".
In Bulgaria, more than 60% of people aged 60 to 64 remain active in the labor market, a figure that surpasses the European Union average.
Bulgaria is expecting a 5% increase in tourist arrivals this winter season, according to acting Minister of Tourism Evtim Miloshev
Tourist interest in Christmas and New Year holiday packages is exceptionally high this year
The Gross Domestic Product (GDP) for Bulgaria in the third quarter of 2024 grew by 2.4% compared to the same period in 2023
The caretaker government of Bulgaria has proposed an 8-9% pension indexation for July 1, 2025, as part of the draft budget for the State Social Insurance in 2025
In Bulgaria, the current labor market is facing a situation where job supply exceeds demand, creating challenges for employers
In Bulgaria, the current labor market is facing a situation where job supply exceeds demand, creating challenges for employers
Due to recent increases in wages, several productions are relocating to more cost-effective destinations
The heavy snowfall in recent days has created ideal conditions for an early start to the winter season in Bansko
The shortage of qualified professionals entering the Bulgarian labor market has consistently ranked among the top three challenges for businesses over the past five years
The Organization for Economic Co-operation and Development (OECD) has projected that Bulgaria will join the eurozone in 2026
Bulgarians allocate a significant portion of their savings to deposits, with 73% of their assets held in this form
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023
